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The Situation
​
The Financials are quite crucial to follow as it makes 16.3% of the SPDR® S&P 500® ETF...

​​We are still within a Huge Weekly Rising Channel since ​September 28 2015 ​on the XLF ETF ( Financials) with 24.60 as ​support and 25.62 as resistance.​ ​( See chart below - Uptrend Channel )
​We are also within an upward channel that started on February 9 week​with
​24.78 support and 25.82 as resistance. ( See first chart below )

​​​​​​​​SP500 financial sector ( XLF ) is outperforming the Mighty SP500 Index
​(SPY ETF) since October 12 week on that relative performance ratio as shown
​by the second chart below.

But the most interesting technical factor is that on the week of November 2 2015, we did test the Resistance Trendline that started back in July 2015 and the 0.764 Fibonacci level at 24.76 on XLF ETF​. ​​( See chart below​ - Grey Trendline - Ellipse )